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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 238,545 $ 850
Cash and Cash Equivalents, at Carrying Value 238,545 850
Accounts receivable, net 100,053 104,274
Fair value of derivatives 183,484 221,659
Prepaid expenses and other current assets 5,970 5,266
Total current assets 528,052 332,049
Properties and equipment, net 1,942,498 1,940,552
Fair value of derivatives 35,641 44,387
Other assets 9,206 53,555
Total Assets 2,515,397 2,370,543
Current liabilities:    
Accounts payable 73,898 92,613
Production tax liability 26,541 26,524
Fair value of derivatives 5,173 1,595
Funds held for distribution 28,008 29,894
Current portion of long-term debt 114,183 112,940
Accrued interest payable 19,758 9,057
Other accrued expenses 20,610 28,709
Total current liabilities 288,171 301,332
Long-term debt 492,717 529,437
Deferred income taxes 100,080 143,452
Asset retirement obligation 82,703 84,032
Fair value of derivatives 5,966 695
Other liabilities 29,311 24,398
Total liabilities $ 998,948 $ 1,083,346
Commitments and contingent liabilities
Shareholders' Equity:    
Preferred shares - par value $0.01 per share, 50,000,000 shares authorized,none issued $ 0 $ 0
Common shares - par value $0.01 per share, 150,000,000 authorized, 46,210,022 and 40,174,776 issued as of March 31, 2016 and December 31, 2015, respectively 462 402
Additional paid-in capital 1,208,117 907,382
Retained earnings 308,892 380,422
Treasury shares - at cost, 20,836 and 20,220 as of March 31, 2016 and December 31, 2015, respectively (1,022) (1,009)
Total shareholders' equity 1,516,449 1,287,197
Total Liabilities and Shareholders' Equity $ 2,515,397 $ 2,370,543